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Export Merchandising

Apparel Exports from India to UK

Indian Textile Industry


India Textile industry is one of the leading textile industries in the world India textile industry largely depends upon the textile manufacturing and export. It not only generates jobs in its own industry, but also opens up scopes for the other ancillary sectors. Indian textile industry can be divided into several segments, some of which can be listed as below: > Cotton Textiles > Silk Textiles > Woollen textiles > Readymade garments > Hand-Crafted textiles > Jute and Coir

Current Scenario
The Indian textile industry contributes about 17% to the countrys export earnings. The industry provides direct employment to over 35 million people India has the potential to increase its textile and apparel share in the world trade from the current level of 4.5% to 8% and reach US$ 80 billion by 2020. Exports of textile grew to USD 26.8 billion in FY 2010 from USD 17.6 billion in FY 2006 textile trade is dominated by exports with a CAGR of 6.3% during the same period.

Analysis of Indian Apparel Exports to UK

Mens overcoats

Womens Overcoats

Mens suits, jackets, blazers, trousers

Womens suits, jackets, trousers, divided skirts, skirts, dresses

Mens Shirts

Womens Shirts, Blouses

Mens Underpants, Bathrobes, Night Wear

Womens nightwear, bathrobes

T-shirts, Tank Tops

Jersey, Pullovers, Waistcoats

Babies Garment And Clothing Accessorize

Shawls, Scarves, Mufflers

Footwear and Gaiters

CONCLUSION
The export of apparel products from India to UK is gradually declining from the past few years. This is because of the new upcoming markets like Bangladesh, Sri Lanka,etc. And various competitors like China. Also the UK economy is declining and it is unsuccessful to recover effectively. Though the Indian government is trying to overcome this problem by bringing in new policies. Indian apparel exports to the European Union will get 20% cheaper in a phased manner with the signing of India-EU free trade agreement (FTA), now in the final stages of negotiations. According to a commerce ministry official, India has managed to convince the EU on bringing down tariffs on Indian apparels from 20 per cent to nil over the next 10 years. The move will help India to be price competitive against its competing neighbouring countries like Bangladesh and Sri Lanka which are exporting garments to EU at zero duty under the Least Developed Countries (LDCs) status. Today, EU nations prefer India only for fashionable items across all categories while the basic purchase of bulk apparels happen from China and Bangladesh. With this FTA, India will emerge as a preferred destination for even bulk purchase of daily wear apparels.

Thank You
Submitted By: Amanjot Maingi Bhamini Pohoja Samarth Pachhapur Tanvi Arora Yamini Paliwal

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